The first-rate team at Ioannides Demetriou LLC has an excellent reputation in the property sector. It has notable experience in construction and property finance. This expertise helps clients in large-scale PPP, development and infrastructure projects. It continues to play a pivotal role in many of the major construction projects on the island with substantial experience in real estate transactions and construction law. Its clients include international and local banks, public bodies and semi-governmental organisations, as well as universities, and national and international contractors. It acts for numerous hotel and tourism companies, concession holders and businesses. Pambos Ioannides and Andrew Demetriou both receive plaudits for their experience in construction and property-related claims and arbitrations. Christos Frakalas is another highly skilled practitioner, alongside Demetris Kronides.
Legal 500 Editorial commentary
Accolades
Client satisfaction
Testimonials
Collated independently by Legal 500 research team.
‘Due to the number of employees, I got the feeling that they have deeper expertise in specific areas and can split the enquiry between the disciplines for a better result.'
'I noticed that they work in couples which is always better because no details will be missed, misunderstanding risk is reduced and generally, 2 persons looking simultaneously at a given case shall deliver a better result.’
‘Mr Andrew Demetriou and Mr Theo Demetriou - very attentive, followed up every message very promptly. Their manner of communication makes you feel valued and important client. And of course, the delivered result was much appreciated. ’
‘Professional team, client-focused with excellent approach allocating the appropriate persons on specific tasks.’
‘Personal approach makes the difference when facing a specific issue.’
‘Demetris Kronides is always available for legal advice.’
Key clients
- LC Cyppro Realty Ltd
- George Charalambous Ltd
- Cyprus Housing Finance Association
- Woolworth (Cyprus) Properties Public Ltd
- Elite Constructions Ltd
- Nicodemou & Gavrias Construction Company Ltd
- Electricity Authority of Cyprus
- NKS Shacolas Group
- Lois Builders Ltd
- Medcon Constructions Ltd
Work highlights
Advising Iacovou Construction Ltd in relation to a dispute that has arisen in a €54.000.000 development in Limassol, in which the client is the main contractor. The dispute concerns the FIDIC standard form of contract and a number of claims for an extension of time.
Advising the Cyprus Organisation for Storage and Management of Oil Stocks in relation to the EPC contract it has with the JV that was awarded to the Fuel Terminal project, and also representing the client in disputes that have arisen, including potentially a DAAB procedure.
Defending Trilogy Seafront Limassol Ltd in a number of disputes relating to the Trilogy Seafront, a trio of beachfront buildings in the heart of Limassol’s waterfront.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Practice head
Pambos Ioannides; Andrew Demetriou; Christos Frakalas; Demetris Kronides
Other key lawyers
Theo Demetriou